Wednesday, July 25, 2007

CDPHP Eyes Effeciency with New Appointment

CDPHP ANNOUNCES BETHANY R. SMITH, CPA,
SELECTED AS CORPORATE CONTROLLER



CDPHP today announced the appointment of Bethany R. Smith, CPA, to corporate controller in its finance division. In this position, Smith will provide oversight for all activities in the accounting department, including financial and regulatory reporting and internal controls.

“Bethany has extensive experience in accounting and financial reporting, management, and communications that will provide us the efficiency and effectiveness necessary to continue our strict adherence to low-cost administrative services,” said William J. Cromie, MD, MBA, president and CEO, CDPHP.

Prior to joining CDPHP, Smith was senior manager for PricewaterhouseCoopers LLP, formerly Coopers & Lybrand LLP, a division of PricewaterhouseCoopers International. Her experience includes more than 12 years of public accounting with clients in industries including insurance, financial services, and state and local government.

Smith earned a bachelor of science degree in accounting from the State University of New York College at Plattsburgh and is a certified public accountant in the state of New York. She and her husband, Shawne, reside in Schenectady with their two children.

About CDPHP™

Founded and guided by physicians, CDPHP and its affiliates currently serve members in 29 counties throughout New York state and seven counties in Vermont. In 2006, the CDPHP commercial health plan was ranked fifth in the country, and top ranked in New York state, in a collaborative report, U.S. News & World Report/NCQA “America’s Best Health Plans” 2006®. The CDPHP Medicare Advantage program, Medicare Choice, and the Medicaid program, Select Plan, ranked sixth and seventh, respectively, in the nation.

The four affiliated companies of CDPHP include a family of products: Capital District Physicians' Health Plan, Inc.—HMO, Healthy New York, Medicare Choice, Medicaid, Child Health Plus, and Family Health Plus. CDPHP Universal Benefits Inc.® —PPO, High Deductible PPO, POS, and EPO. Capital District Physicians' Healthcare Network, Inc. —self-insured plans; and APA Partners, Inc. —third party administration (TPA). Visit CDPHP .

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